wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

What resources are required for the successful implementation of e-business?

Open in App
Solution

1. Well-designed website: A well-designed website is a must for the successful implementation of e-business. The website must provide the necessary information about the company as well as the product and services offered by them. The website must be attractive and updated with the latest information about the concern.

2. Availability of computer hardware: A computer hardware must be available for the successful implementation of the e-business. The computer hardware must be of appropriate memory, speed which ensures the smooth running of the concern. It must provide the following facilities:

a. ISP (Internet Service Provider)

b. PostaI

c. Email facilities, etc.

3. Efficient and effective telecommunication system: The presence of an efficient and effective telecommunication system ensures the successful implementation of e-business. Effective telecommunication must be present in the form of telephone lines, optic fibres cables to handle the traffic on the internet.

4. Well qualified and responsible workforce: A well qualified and responsible workforce must be appointed for the smooth functioning of e-business. The efficient workforce ensures efficiency and the well-qualified workforce will lead to economy in the operation and the proper handling of customers' problems.

5. Adequate system of receiving payment: An adequate system of receiving payment must be present. This will ensure the safety of funds. Tie-ups with banks and credit card agencies must be made for safer electronic, receipts and payments.


flag
Suggest Corrections
thumbs-up
12
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Consumer Side and Business Side of e-Business
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon